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Buying plane tickets can be exhausting. Many of us spend hours on the internet researching flight deals, trying to figure out an airfare pricing system that seems random. Fees appear to fluctuate without reason, and longer flights arent always more expensive than shorter ones. But behind this is actually the science of dynamic pricing, which has less to do with cost and more to do with artificial intelligence. Its been more than a hundred years since the first scheduled flight. The Comet, scheduled by British Overseas Airways Corp., to start the worlds first jet passenger air service. In the beginning, commercial aviation was a tightly regulated market place, where airfares were based on distance traveled rather than passenger demand. Most international routes were operated by a single national carrier and the lack of choice resulted in uncompetitive fares for consumers. Deregulation, however, changed all that. In 1978, the U.S. government began the process of removing government c
